Royal Oak Football Teams Inc

Analysis

Royal Oak Football Teams Inc is a registered charity in United States, based in Royal Oak, MI. It received its IRS tax-exemption ruling in September 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Royal Oak Football Teams Inc reported income of $100k and spending of $92k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $100k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Royal Oak Football Teams Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within MI. Charities of a similar size with the same main cause include Alabama Health Research and Education Foundation Inc ($100k), National Junior Basketball ($100k) and After School Activities Program Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 61% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.